STUDY

Economics Academy

Learn economics by advising Valdoria, a made-up country. Seven modules and 21 lessons: scarcity and opportunity cost, the production possibility frontier, incentives, supply and demand, elasticity, taxes and price controls, costs and competition, monopoly, game theory, externalities and public goods, GDP, inflation and unemployment, central banks and the Taylor rule, fiscal policy and the multiplier, comparative advantage, exchange rates and growth. Eleven simulations: the production frontier, a fish market hit by events, ticket and bun pricing, who pays a tax, running a factory and a monopoly, an airline price war, a polluting cement works, the statistics office, running the central bank through shocks, the budget and the multiplier, and trade and the exchange rate. Practice with new figures every time.

Ready to try · Learn economics by advising Valdoria, a made-up country. Seven modules and 21 lessons: scarcity and opportunity cost, the production possibility frontier, incentives, supply and demand, elasticity, taxes and price controls, costs and competition, monopoly, game theory, externalities and public goods, GDP, inflation and unemployment, central banks and the Taylor rule, fiscal policy and the multiplier, comparative advantage, exchange rates and growth. Eleven simulations: the production frontier, a fish market hit by events, ticket and bun pricing, who pays a tax, running a factory and a monopoly, an airline price war, a polluting cement works, the statistics office, running the central bank through shocks, the budget and the multiplier, and trade and the exchange rate. Practice with new figures every time.